secwatch.observer — SEC 8-K summary
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Issuer:     MYERS INDUSTRIES INC (MYE)
CIK:        0000069488
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000950170-22-007538
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Myers Industries Q1 EPS $0.47 (adj $0.50), revenue +29%; raises FY2022 adjusted EPS outlook to $1.30-$1.50
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- Net sales $225.5M (+29% YoY); organic sales +23% with 20% from pricing, 3% volume.
- Adjusted EPS $0.50 (up 127% from $0.22); net income $17.3M vs $7.3M.
- Adjusted EBITDA $31.0M (+82%); gross margin expanded to 31.9% from 28.9%.
- Material Handling segment sales $176.6M (+36%), adj op margin 18.0% (up 500bps).
- FY2022 adjusted EPS guidance raised to $1.30-$1.50; net sales growth low-to-mid double-digit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69488/000095017022007538/0000950170-22-007538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69488/000095017022007538/mye-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007538

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer